Magal Wins a $2.1 Million Contract to Secure Perimeters of Two Prisons in Latin America

Magal Security Systems Ltd. MAGS today announced that it has won a US$2.1 million contract to supply and install multi-layer Perimeter Intrusion Detection Systems for two new high security prisons in Latin America. The multi layered solutions are mostly based on Magal's core products: volumetric covert buried cable detection systems, microwaves systems, fence mounted cable sensors and several third party complementary products. The contract also includes integration through Magal's proprietary control system and into a third party software system. "In 2011, we saw substantial revenue growth in Latin America over the previous year," commented Mr. Eitan Livneh, President and CEO of Magal S3. "This new win is an excellent start to what we expect will be another good year for Magal in this strategic region."